Europe`s Investments in Indonesia Reach US$13.3 billion
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Kamis, 1 Januari 1970 07:00 WIB
TEMPO.CO, Jakarta - The Investment Coordinating Board (BKPM) notes that Europe’s investments in the past five years reached US$13.3 billion or Rp172.9 trillion.
The top five European countries investing in Indonesia were the Netherlands, the UK, France, Luxembourg and Germany. “However, the investments were centered around Java Island: roughly 46 percent,” the BKPM chairman Thomas Tri Kasih Lembong said in Eurocham Investment Outlook 2017 in Jakarta, Thursday, February 02, 2017.
The former trade minister said, in accordance with President Joko Widodo’s instruction, the government will push for equitable development in 2017 by channeling investments to other parts of the country.
According to Thomas, several leading companies wishing to invest in Indonesia are engaged in auto industry, telecommunication, energy, mineral, aviation and auto component. “Going forward, we expect to see more European countries investing in Indonesia,” he said.
Basic chemicals and pharmaceutical sector contributed the most to total investments throughout 2012-2016 with 26 percent, followed by mining with 20 percent, and warehouse and telecommunication with 15 percent, respectively.
GHOIDA RAHMAH
